Ilitch purchased the Red Wings in 1982. Since then, the team has won four Stanley Cup Titles (1997, 1998, 2002, 2008). The Wings also have a still running streak of 25 straight years with a playoff appearance. He’s also overseen the building of Little Caesars Arena, which will open in 2017 for both the Red Wings and Detroit Pistons.

He became the Tigers owner in 1992. Under his ownership, Detroit has won four American League Central titles (2011-2014), one wild card spot (2006) and two American League pennants (2006, 2012). In 2000, the Tigers moved from Tiger Stadium to Comerica Park.

Additionally, in sports as other ventures, Ilitch was a key figure in the city of Detroit’s effort to revitalize its downtown.